Third Sphere is a venture capital investment firm based in Brooklyn, New York, founded in 2013. The firm specializes in pre-seed and seed stage investments, focusing on companies that drive rapid, scalable climate action across various sectors, including energy, food, water, waste, transportation, healthcare, and government technology. Third Sphere aims to achieve significant environmental impact while generating substantial financial returns by investing in innovative companies that enhance greenhouse gas reduction and resilience. With a track record of over 100 portfolio companies, the firm emphasizes collaboration with early-stage teams to unlock institutional funding and expand ownership opportunities. Third Sphere is distinguished by its extensive network, facilitating numerous introductions and providing access to asset finance, while its general partners bring a combined nine years of experience and a strong reputation in the climate technology investment space.
Cycle is a rapidly growing subscription service that focuses on enhancing the efficiency of market-leading delivery companies while promoting sustainable transportation. By ensuring that thousands of couriers operate safely, quickly, and comfortably, Cycle adds value to delivery services and contributes to reducing transport-related CO2 emissions during the last mile of logistics. The company also operates a micro-mobility platform that partners with hotels and apartments to provide a fleet of individually branded e-mobility vehicles and cargo bikes. This innovative approach enables clients to deliver more parcels in less time while utilizing affordable and reliable transport options, thereby increasing competitiveness and supporting urban sustainability initiatives.
Domatic
Venture Round in 2022
Domatic, Inc. is a manufacturer of electrical hardware components including circuit boards, microchips, thermostats, sensors, and HVAC controls for buildings. Founded in 2019 and based in Palo Alto, California, the company focuses on empowering builders to create intelligent and sustainable buildings more efficiently and cost-effectively. Domatic's innovative system utilizes a low-voltage DC wiring approach that combines power and data transmission, simplifying installation while reducing reliance on skilled labor and extensive code inspections. This technology enables quicker and more economical deployment of building sensors, enhancing sustainability and operational efficiency. Additionally, Domatic provides energy monitoring devices and a management platform for data analytics related to sustainable building practices.
ChargeLab
Series A in 2022
ChargeLab Inc. is a Toronto-based company that specializes in developing and manufacturing electronic vehicle charging stations and a management platform for electric vehicle charging. Founded in 2015, ChargeLab offers a hardware-agnostic software solution that optimizes and operates various EV charging equipment, making them smarter and easier to use. The company's platform connects, monetizes, and controls charging stations, providing affordable turnkey services that include hardware, software, and installation. ChargeLab serves a diverse clientele, including government entities, multi-national real estate investment trusts, parking operators, and property managers, enabling them to deploy and manage extensive networks of charging stations efficiently.
Cycle
Seed Round in 2022
Cycle is a rapidly growing subscription service that focuses on enhancing the efficiency of market-leading delivery companies while promoting sustainable transportation. By ensuring that thousands of couriers operate safely, quickly, and comfortably, Cycle adds value to delivery services and contributes to reducing transport-related CO2 emissions during the last mile of logistics. The company also operates a micro-mobility platform that partners with hotels and apartments to provide a fleet of individually branded e-mobility vehicles and cargo bikes. This innovative approach enables clients to deliver more parcels in less time while utilizing affordable and reliable transport options, thereby increasing competitiveness and supporting urban sustainability initiatives.
Urbio
Pre Seed Round in 2021
Urbio is a software company that specializes in facilitating the energy transition by enhancing the design and planning of energy infrastructure and technologies for buildings. By integrating human expertise with artificial intelligence, Urbio aims to streamline traditional processes that often rely on manual trial-and-error, resulting in improved efficiency and reduced timeframes. The software employs advanced data modeling tools to assist professional planners in making informed decisions that promote the sustainability of buildings, which are significant contributors to carbon emissions. Urbio's commitment to improving building efficiency plays a crucial role in the fight against climate change and the development of more sustainable urban environments.
HAAS Alert
Seed Round in 2021
HAAS Alert is a prominent provider of mobility and smart city data services focused on enhancing safety for emergency crews, drivers, and the general public through Cellular Vehicle-to-Vehicle (V2V) communication. The company's Safety Cloud delivers real-time data that connects first responders and various fleets with motorists and autonomous vehicles, helping to prevent collisions and minimize traffic delays. HAAS Alert's platform issues preemptive notifications to drivers, alerting them to the approach of emergency vehicles via their car dashboards or smartphones. Additionally, the service supports smart city initiatives by providing valuable traffic information to government officials, aiding in infrastructure planning and real-time traffic management. HAAS Alert collaborates with the U.S. Department of Homeland Security on innovative safety solutions and has garnered support from notable safety organizations.
Urbio
Seed Round in 2021
Urbio is a software company that specializes in facilitating the energy transition by enhancing the design and planning of energy infrastructure and technologies for buildings. By integrating human expertise with artificial intelligence, Urbio aims to streamline traditional processes that often rely on manual trial-and-error, resulting in improved efficiency and reduced timeframes. The software employs advanced data modeling tools to assist professional planners in making informed decisions that promote the sustainability of buildings, which are significant contributors to carbon emissions. Urbio's commitment to improving building efficiency plays a crucial role in the fight against climate change and the development of more sustainable urban environments.
ChargeLab
Seed Round in 2021
ChargeLab Inc. is a Toronto-based company that specializes in developing and manufacturing electronic vehicle charging stations and a management platform for electric vehicle charging. Founded in 2015, ChargeLab offers a hardware-agnostic software solution that optimizes and operates various EV charging equipment, making them smarter and easier to use. The company's platform connects, monetizes, and controls charging stations, providing affordable turnkey services that include hardware, software, and installation. ChargeLab serves a diverse clientele, including government entities, multi-national real estate investment trusts, parking operators, and property managers, enabling them to deploy and manage extensive networks of charging stations efficiently.
Oonee
Pre Seed Round in 2021
Oonee builds, finances, and operates automated bike parking infrastructure that humanizes public spaces. It is driven on changing the mobility game in cities by building a network of smart, modular, pods that provide secure parking for bikes and scooters on the interior while providing public space amenities on the exterior. The company was founded in 2017 and is headquartered in Brooklyn, New York.
TestCompany
Seed Round in 2020
TestCompany specializes in utilizing artificial intelligence to enhance the management of urban sewer systems. By applying deep learning techniques, cloud computing, and data analysis, the company addresses the challenges posed by urbanization. Its innovative solutions aim to improve the sustainability and resilience of communities, ensuring that urban drainage systems are more efficient and effective in responding to the demands of growing populations.
Xtelligent
Pre Seed Round in 2020
Xtelligent Inc. is a global software company founded in 2016 and based in Los Angeles, California, with additional offices in Europe. The company specializes in developing an adaptive traffic control system that leverages artificial intelligence and machine learning to optimize traffic flow. By integrating various sensor data and employing Internet of Things (IoT) technologies, Xtelligent's system connects signalized intersections with advanced sensor technology. This enables real-time adjustments to signal timing, aimed at reducing congestion on city streets. Xtelligent's innovations not only enhance current traffic management but also lay the groundwork for future developments in connected and autonomous vehicle technology.
EVA
Seed Round in 2020
EVA is a company based in Brooklyn, New York, founded in 2017, that specializes in developing innovative solutions for urban mobility and logistics. The company is known for its compact electric automated aircraft, X01, which aims to alleviate traffic congestion. EVA plays a significant role in enabling drone applications by establishing a network of drone control and charging stations, facilitating connections between cities and countries. Its offerings include high-throughput drone docking stations tailored for healthcare logistics, disaster relief, and critical logistics. Additionally, EVA provides various products such as carry-on landing carpets, vertical and multimodal transfer stations, drop-off stations for drone logistics, and drone vans equipped with operational centers, ensuring efficient mobility operations for its clients.
ChargeLab
Seed Round in 2020
ChargeLab Inc. is a Toronto-based company that specializes in developing and manufacturing electronic vehicle charging stations and a management platform for electric vehicle charging. Founded in 2015, ChargeLab offers a hardware-agnostic software solution that optimizes and operates various EV charging equipment, making them smarter and easier to use. The company's platform connects, monetizes, and controls charging stations, providing affordable turnkey services that include hardware, software, and installation. ChargeLab serves a diverse clientele, including government entities, multi-national real estate investment trusts, parking operators, and property managers, enabling them to deploy and manage extensive networks of charging stations efficiently.
EVA
Convertible Note in 2020
EVA is a company based in Brooklyn, New York, founded in 2017, that specializes in developing innovative solutions for urban mobility and logistics. The company is known for its compact electric automated aircraft, X01, which aims to alleviate traffic congestion. EVA plays a significant role in enabling drone applications by establishing a network of drone control and charging stations, facilitating connections between cities and countries. Its offerings include high-throughput drone docking stations tailored for healthcare logistics, disaster relief, and critical logistics. Additionally, EVA provides various products such as carry-on landing carpets, vertical and multimodal transfer stations, drop-off stations for drone logistics, and drone vans equipped with operational centers, ensuring efficient mobility operations for its clients.
Circuit
Seed Round in 2019
Circuit is a provider of micro-transit services that utilizes all-electric vehicles, offering an innovative transportation solution through its software application. Founded in 2011 and headquartered in West Palm Beach, Florida, the company was previously known as The Free Ride Inc. Circuit's platform allows users to conveniently book rides with responsible and efficient drivers, promoting sustainable transit options in urban areas. The focus on electric vehicles aligns with the growing demand for eco-friendly transportation alternatives.
Coord
Series A in 2018
Coord is a New York City-based company that offers a comprehensive curb management platform aimed at transforming urban streets, beginning with the curb. The platform provides cities with the technology to digitally manage and price curb space at scale, promoting more efficient, safe, and equitable street use. It assists municipalities in finding available vehicles from both docked and dockless systems, along with relevant pricing and geometric data for tollways. Coord has established partnerships with several cities, including Seattle, Boston, and Nashville, and has received recognition from notable organizations such as CNBC and Fast Company. The company is backed by prominent investors, including Alphabet's Sidewalk Labs and Urban.us.
Qucit
Venture Round in 2018
Qucit, also known as Quantified Cities, focuses on enhancing urban living through data and artificial intelligence. Recognizing the challenges posed by growing urban populations, the company develops a logistics optimization platform that supports shared mobility systems. By utilizing a data-driven approach, Qucit automates vehicle deployment and rebalancing, thereby optimizing operational costs and resource allocation for urban operators. The platform also models human behaviors using diverse urban data, helping to streamline shared mobility solutions. Ultimately, Qucit aims to empower cities to manage the increasing demand for services effectively, contributing to more livable and sustainable urban environments.
Near Space Labs
Seed Round in 2018
Near Space Labs, headquartered in the United States, is an aerial imagery and earth observation company that provides comprehensive remote sensing solutions for various sectors. The company's services facilitate the monitoring of assets and enable remote access to both broad and specific areas through cloud-based delivery of fully processed images via an API. Near Space Labs supports a range of industries including insurance, utilities, infrastructure, conservation, smart cities, retail, energy, government, and disaster response. By offering affordable and frictionless imaging, the company assists clients in tracking construction progress, addressing issues such as pipeline leaks and vegetation encroachment, and responding to weather-induced damage, thereby providing actionable geospatial information that enhances mobility, leisure, and urban planning.
ODN
Angel Round in 2018
Open Data Nation combines detailed public records and industry expertise to reveal new, leading indicators of risks that threaten lives and livelihoods in cities. It utilizes location-based driving data and open data to predict where car crashes are likely and help auto insurance carriers and city Vision Zero Initiatives prevent crashes and save lives.
Kiwibot
Pre Seed Round in 2018
Kiwibot is a leading developer of autonomous robotic systems, specializing in sidewalk robots that operate independently and efficiently. The company focuses on creating on-demand delivery robots aimed at establishing a sustainable delivery infrastructure. Kiwibot's offerings include subscription-based food delivery drones that help reduce delivery costs, allowing businesses to provide quicker and more hygienic delivery services at competitive prices. Through its innovative technology, Kiwibot is enhancing the efficiency of the delivery process while promoting sustainability in the logistics sector.
Near Space Labs
Seed Round in 2017
Near Space Labs, headquartered in the United States, is an aerial imagery and earth observation company that provides comprehensive remote sensing solutions for various sectors. The company's services facilitate the monitoring of assets and enable remote access to both broad and specific areas through cloud-based delivery of fully processed images via an API. Near Space Labs supports a range of industries including insurance, utilities, infrastructure, conservation, smart cities, retail, energy, government, and disaster response. By offering affordable and frictionless imaging, the company assists clients in tracking construction progress, addressing issues such as pipeline leaks and vegetation encroachment, and responding to weather-induced damage, thereby providing actionable geospatial information that enhances mobility, leisure, and urban planning.
Qucit
Venture Round in 2017
Qucit, also known as Quantified Cities, focuses on enhancing urban living through data and artificial intelligence. Recognizing the challenges posed by growing urban populations, the company develops a logistics optimization platform that supports shared mobility systems. By utilizing a data-driven approach, Qucit automates vehicle deployment and rebalancing, thereby optimizing operational costs and resource allocation for urban operators. The platform also models human behaviors using diverse urban data, helping to streamline shared mobility solutions. Ultimately, Qucit aims to empower cities to manage the increasing demand for services effectively, contributing to more livable and sustainable urban environments.
Upshift
Seed Round in 2017
Upshift, Inc. offers innovative car subscription services tailored for both personal and business use, primarily in the San Francisco area. Founded in 2012 and headquartered in Oakland, California, the company aims to redefine car ownership by providing a flexible, all-inclusive alternative for low-mileage urban drivers. Its platform features a seamless car-sharing experience, delivering vehicles directly to users and retrieving them after use. Upshift's service includes essential amenities such as concierge assistance, parking, insurance, and maintenance, effectively reducing the need for traditional car ownership. By promoting usage-based plans and facilitating access to vehicles, Upshift seeks to minimize carbon emissions and alleviate the demand for parking spaces, contributing to a more sustainable urban environment.
HAAS Alert
Seed Round in 2017
HAAS Alert is a prominent provider of mobility and smart city data services focused on enhancing safety for emergency crews, drivers, and the general public through Cellular Vehicle-to-Vehicle (V2V) communication. The company's Safety Cloud delivers real-time data that connects first responders and various fleets with motorists and autonomous vehicles, helping to prevent collisions and minimize traffic delays. HAAS Alert's platform issues preemptive notifications to drivers, alerting them to the approach of emergency vehicles via their car dashboards or smartphones. Additionally, the service supports smart city initiatives by providing valuable traffic information to government officials, aiding in infrastructure planning and real-time traffic management. HAAS Alert collaborates with the U.S. Department of Homeland Security on innovative safety solutions and has garnered support from notable safety organizations.
BlocPower
Pre Seed Round in 2016
BlocPower is an energy technology startup based in Los Angeles, California, focused on creating healthier, greener, and smarter buildings. Founded in 2014 in Brooklyn, New York, by Donnel Baird and Morris Cox, the company specializes in retrofitting urban buildings with advanced energy efficiency technologies and green heating and cooling systems. BlocPower identifies energy-wasting buildings and utilizes a proprietary machine learning platform to determine the most effective retrofits for maximizing energy savings. The company connects various stakeholders, including government agencies, utilities, building owners, and equipment providers, to facilitate these upgrades. With a mission to serve financially underserved communities, BlocPower has completed projects in nearly 1,000 buildings, helping customers save 20–40% on their annual energy bills. By leveraging data and innovative financing, BlocPower aims to reduce carbon emissions and improve health outcomes while addressing the climate crisis.
BlocPower
Pre Seed Round in 2014
BlocPower is an energy technology startup based in Los Angeles, California, focused on creating healthier, greener, and smarter buildings. Founded in 2014 in Brooklyn, New York, by Donnel Baird and Morris Cox, the company specializes in retrofitting urban buildings with advanced energy efficiency technologies and green heating and cooling systems. BlocPower identifies energy-wasting buildings and utilizes a proprietary machine learning platform to determine the most effective retrofits for maximizing energy savings. The company connects various stakeholders, including government agencies, utilities, building owners, and equipment providers, to facilitate these upgrades. With a mission to serve financially underserved communities, BlocPower has completed projects in nearly 1,000 buildings, helping customers save 20–40% on their annual energy bills. By leveraging data and innovative financing, BlocPower aims to reduce carbon emissions and improve health outcomes while addressing the climate crisis.
SeamlessDocs
Seed Round in 2014
SeamlessDocs is a leading provider of online government services, established in 2012, that facilitates the digital transformation of governmental processes. The platform enables agencies to convert traditional PDF documents into interactive web forms, allowing for the acceptance of eSignatures, processing of payments, and management of submission data. By streamlining workflows, SeamlessDocs enhances the efficiency of IT and administrative functions for more than 400 municipal departments across the United States, Canada, and the Caribbean. The company's solutions aim to simplify and improve the user experience in government operations.
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